Interstate Improvement

$1,780,577 PPP Loan in Faribault, Minnesota

Loan Details

Loan Number
7600098306
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$1,780,577
Current Approval
$1,780,577
Forgiveness Amount
$1,790,815
Forgiveness Date
Sep 1, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Interstate Improvement
Address
16871 Canby Ave
ZIP Code
55021-8553
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237310)
Business Age
Existing or more than 2 years old
Jobs Reported
68
Estimated Revenue
$21.1M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$1,780,574
Utilities
$1

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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